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Loaded Electronic Board Manufacturing in Germany - Market Research Report (2014-2029)

Robert Maier Robert Maier Frankfurt, Germany Last Updated: August 2024 WZ C26.12DE

Revenue

€2.2bn

2024

€2.2bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

9,583

Businesses

97

Wages

€XXX.Xm

Loaded Electronic Board Manufacturing in Germany industry analysis

The players in the printed circuit board manufacturing industry are predominantly medium-sized companies with many years of experience and extensive expertise in their segment. Over the past five years, industry turnover has increased by an average of 3.2% per year.While advancing digitalisation and more extensive government support measures in the field of electronics have had a fundamentally positive impact on the industry in recent years, the decline in demand from key customer markets following the outbreak of the coronavirus pandemic contributed to the temporary reduction in industry sales in 2020. For example, the production output of automotive manufacturers fell significantly and with it their demand for assembled printed circuit boards. In the past three years, on the other hand, the industry's revenue has grown significantly, partly due to price effects caused by rising raw material prices and supply bottlenecks for PCBs from Asia. In the current year, industry turnover is expected to fall by 2.1% compared to the previous year due to falling producer prices and high customer inventories, totalling €2.2 billion. < />In the next five years, business in the sector is expected to be volatile, but with a positive trend. IBISWorld expects industry turnover to increase at an average annual rate of 2.4% and reach 2.5 billion euros in 2029. Positive impetus will come from government funding programmes, increasing digitalisation in the sales markets and new technologies such as the 5G standard. Nevertheless, competitive pressure from foreign manufacturers is expected to continue in the coming five-year period and limit the growth of industry sales.

Trends and Insights

  • European PCB manufacturers are increasingly specialising in order to compete with Asian producers. Asian manufacturers can produce much more cheaply and therefore dominate the mass market. European companies are primarily active in the sample, prototype and small series business.
  • The assembly of printed circuit boards is the industry's top-selling service. Industry players are increasingly supplementing the assembly of printed circuit boards with electronic components with printed circuit board and assembly design, materials management and the functional testing and distribution of the finished units.
  • Most of the PCB manufacturers' plants are located in the Süd region. Many important customers in the industry, such as automotive manufacturers, mechanical engineering companies and medical technology manufacturers, are also based there.
  • The industry players are competing with imports from countries with lower production costs. &p>More than half of the printed circuit boards imported to Germany come from China. However, imports from North Africa and Eastern Europe have recently gained in importance.

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  • Critical performance data and rankings
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 3.2 % over the past five years, to reach an estimated €2.2bn in 2024.

Trends and Insights

The dominance of Asian manufacturers is forcing European companies to specialise

  • Asia is the world's leading location for the production of printed circuit boards and assemblies. Asian manufacturers currently produce 90% of all printed circuit boards worldwide.
  • Additional trends and insights available with purchase
Loaded Electronic Board Manufacturing in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

New PCB materials conquer the medical industry

  • Electronic devices and components are not only used in medical devices themselves, their use on the human body is also being promoted. Assemblies made from polyurethane, a new base material for printed circuit boards, offer many new application possibilities in this respect.

Biggest companies in the Loaded Electronic Board Manufacturing in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Rohde & Schwarz GmbH & Co. KG
380.0
Zollner Elektronik AG
263.0
Infineon Technologies AG
220.0

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Loaded Electronic Board Manufacturing in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Assembly of printed circuit boards and related services, Smartcards and Printed circuit boards with passive components. Assembly of printed circuit boards and related services is the largest segment of the Loaded Electronic Board Manufacturing in Germany.

Trends and Insights

PCB manufacturers are increasingly supplementing the assembly of PCBs with additional services

  • PCB manufacturers generate the largest share of industry turnover by providing electronic manufacturing services, i.e. the contract manufacturing of electronic assemblies for other industrial and technology companies.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This sector is involved in the manufacture of printed circuit boards, the assembly of printed circuit boards with components and the production of interface cards for connecting input and output devices. The production of smartcards is also one of the industry's activities.

What's included in this industry?

Assembly of printed circuit boards and related servicesSmartcardsPrinted circuit boards with passive componentsInterface cards for data processing devices

Companies

Rohde & Schwarz GmbH & Co. KGZollner Elektronik AGInfineon Technologies AG

Purchase this report to view all 5 major companies in this industry.

Related Terms

HIGH-DENSITY INTERCONNECT (HDI) PRINTED CIRCUIT BOARDSURFACE MOUNT TECHNOLOGY (SMT)THROUGH HOLE TECHNOLOGY (THT)LOTPASTEELECTRONIC-MANUFACTURING-SERVICES-PROVIDER

Industry Code

WZ 2008

WZ 26.12 - Loaded Electronic Board Manufacturing in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

European PCB manufacturers are increasingly specialising in order to compete with Asian producers. Asian manufacturers can produce much more cheaply and therefore dominate th...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

The assembly of printed circuit boards is the industry's top-selling service. Industry players are increasingly supplementing the assembly of printed circuit boards with elec...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Most of the PCB manufacturers' plants are located in the Süd region. Many important customers in the industry, such as automotive manufacturers, mechanical engineering compan...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

The industry players are competing with imports from countries with lower production costs. &p>More than half of the printed circuit boards imported to Germany come from Chin...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Rohde & Schwarz GmbH & Co. KG is the largest player in the industry for the manufacture of printed circuit boards. The company benefits from digitalisation and the accelerati...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Rohde & Schwarz GmbH & Co. KG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Zollner Elektronik AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Infineon Technologies AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Rohde & Schwarz GmbH & Co. KG, and factors influencing its performance in the industry
  • Description and key data for Zollner Elektronik AG, and factors influencing its performance in the industry
  • Description and key data for Infineon Technologies AG, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The industry is benefiting from increasing research and development spending by the state and private institutions. Due to the rapid pace of technological change, PCB manufac...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

High raw material and energy prices reduce the profit margin. Although the profit margin of 9.5 % is high compared to many other industries, it has recently fallen due to ris...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Loaded Electronic Board Manufacturing industry in Germany in 2024?

The market size of the Loaded Electronic Board Manufacturing industry in Germany is €2.2bn in 2024.

How many businesses are there in the Loaded Electronic Board Manufacturing in Germany industry in 2024?

There are 97 businesses in the Loaded Electronic Board Manufacturing industry in Germany, which has grown at a CAGR of 2.9 % between 2019 and 2024.

Has the Loaded Electronic Board Manufacturing industry in Germany grown or declined over the past 5 years?

The market size of the Loaded Electronic Board Manufacturing industry in Germany has been growing at a CAGR of 3.2 % between 2019 and 2024.

What is the forecast growth of the Loaded Electronic Board Manufacturing industry in Germany over the next 5 years?

Over the next five years, the Loaded Electronic Board Manufacturing industry in Germany is expected to grow.

What are the biggest companies in the Loaded Electronic Board Manufacturing market in Germany?

The biggest companies operating in the Loaded Electronic Board Manufacturing market in Germany are Rohde & Schwarz GmbH & Co. KG, Zollner Elektronik AG and Infineon Technologies AG

What does the Loaded Electronic Board Manufacturing in Germany include?

Assembly of printed circuit boards and related services and Smartcards are part of the Loaded Electronic Board Manufacturing industry.

Which companies have the highest market share in the Loaded Electronic Board Manufacturing in Germany?

The company holding the most market share in Germany is Rohde & Schwarz GmbH & Co. KG.

How competitive is the Loaded Electronic Board Manufacturing industry in Germany?

The level of competition is moderate and increasing in the Loaded Electronic Board Manufacturing industry in Germany.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • There are no industries to display.

Complementors

  • Electronic Component Manufacturing in Germany

International industries

  • Circuit Board & Electronic Component Manufacturing in the US
  • Semiconductor & Other Electronic Component Manufacturing in Canada
  • Metal Drum, Can and Bin Manufacturing in Australia
  • Loaded Electronic Board Manufacturing in the UK
  • Printed Circuit Board Manufacturing in China

View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.